EU leaders call for de-escalation, civilian protection and full respect of international law by all parties, while they call for moratorium on strikes targeting energy and water infrastructure, also strongly condemned Iran's indiscriminate strikes

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EU leaders call for de-escalation, civilian protection and full respect of international law by all parties, while they call for moratorium on strikes targeting energy and water infrastructure, also strongly condemned Iran's indiscriminate strikes

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The EU leaders' call for de-escalation and civilian protection amidst ongoing conflict signals a heightened focus on stability, which could support energy prices if it leads to reduced disruptions. Their condemnation of Iran's strikes may also impact regional tensions, particularly in oil markets, suggesting a potential for volatility in WTI as supply concerns arise. Overall, the implications for commodities are significant, as any escalation could tighten supply and push prices higher, while a de-escalation might offer temporary relief.

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